2316-2326 Torrance Blvd | Torrance, CA 90501
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2316-2326 Torrance Blvd
Torrance, CA 90501
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- The property is well positioned on Beach Cities connecting Torrance Blvd. at the SEC of Torrance Blvd & Madrid Ave. (±34,000 VPD)
- The former Auto Repair (lifts have been removed) and adjacent former Branch Office Bar/Restaurant property - Now Vacant
- The property abuts only one residential property (4-Plex) and alley separated by small SCE substation (5-MW) allowing for reduced / minimal setbacks
- C-1 Zoning allows for a wide range of Commercial uses as well as Multi-Residential / Senior Living uses (CUP Permitting)
- Seller may consider entitlement contingency timing subject to deal terms and scope/size of redevelopment.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,211 SF
Building Class
B
Year Built
1958
Tenancy
Single
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.41
Lot Size
0.12 AC
Zoning
C1 - FLEXIBLE (C-1) COMMERCIAL ZONING (QSR or Resi. w/CUP): Commercial & Med/Dental office uses as well as Drive-Thru, Multi-Unit Resi. or Senior Living
Parking
5 Spaces (2.26 Spaces per 1,000 SF Leased)
Frontage
84’ on Torrance Blvd
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $520,200 | |
| Land Assessment | $1,040,400 | Total Assessment | $1,560,600 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,040,400
Improvements Assessment
$520,200
Total Assessment
$1,560,600
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